Daily Report: Yen Building Up Momentum, ECB and BoE in Focus

Dollar was sold off sharply overnight as commodities strengthened with crude oil breached 81 level while gold breached 1140 briefly. Nevertheless, the greenback is still kept above well above key near term support levels against European majors as expected.

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Daily Report: Yen Building Up Momentum, ECB and BoE in Focus

Tags: aud, usd

This entry was posted on Wednesday, March 3rd, 2010 at 4:45 pm and is filed under Action Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.